Oil & Gas Journal by Christopher Smith. ExxonMobil Corp., BP PLC, ConocoPhillips, TransCanada Corp., Alaska Gasline Development Corp. (AGDC), and Alaska’s commissioners of natural resources and revenue have signed a heads of agreement (HOA) for the Alaska LNG Project, laying the commercial framework for development of an 800-mile natural gas pipeline to transport production from the Alaska North Slope (ANS) to a 15-18 million tonne/year LNG plant on its south-central coast.
Alaska Journal of Commerce by Tim Bradner. Alaska Gov. Sean Parnell (NGP Photo) has made if official: Alaska will explore taking an equity share in a large North Slope natural gas pipeline and liquefied natural gas project. (See our earlier coverage, here. -dh) At the Jan. 10 Alaska Support Industry Alliance’s annual “Meet Alaska” conference and tradeshow in Anchorage Parnell said the state-owned Alaska Gasline Development Corp. has been authorized to participate financially in the project, estimated to cost $45 billion to $65 billion. The idea is similar to an [...]
The Star, by John Spears. If Canada fails to develop its oilsands now — and fails to build the pipelines to move it to market — the opportunity could vanish for decades, two industry executives warned Wednesday. (Note: we continue to observe here that, from a gas marketing perspective, Alaska is in the same boat! -dh) “Asia will figure out other sources to get supply from if they can’t get it from Canada,” Cenovus chief executive Brian Ferguson told a meeting of the Canadian Club. Cenovus is a major [...]
The EPA released its final OVERREACHING REPORT today on an Alaska mining project, thumbing its nose at the rule of law. Here is Senator Lisa Murkowski's response. -dh BPs Outlook Released Today: You Read It Here First State and Private Parties Sign LNG Project Commercial Agreements (Anchorage, AK) - Natural Resources Commissioner Joe Balash (NGP Photo), Revenue Commissioner Angela Rodell and Alaska Gasline Development Corporation (AGDC) President Dan Fauske (NGP Photo) announced today that they have signed a Heads of Agreement (HOA) with ExxonMobil, BP, ConocoPhillips, and TransCanada Corp., regarding the [...]
Meet Alaska Part II (Scroll Down For Part I. Remember that we wish our archives to maintain the highest degree of accuracy. Accordingly, we solicit reader responses: additions, corrections to anything included herein.) by Dave Harbour THIS MORNING IN WASHINGTON: You Read It Here First! U.S. Sen. Lisa Murkowski (NGP Photo) today sent a letter to President Obama urging him to lift the prohibition on exporting crude oil produced in the United States. Doing so, Murkowski wrote, will allow American producers to access global markets, which will boost production, protect jobs, [...]
Governor's Announcement Underlines The Importance Of The Alliance's "Meet Alaska" and Other Energy Conferences Part I by Dave Harbour ADN by Governor Sean Parnell (NGP Photo). For the first time in Alaska's history, we have the framework in place to build the Alaska liquefied natural gas (LNG) project on Alaska's terms and in Alaskans' interests. We have the necessary parties to make the Alaska LNG project go: three producers, a pre-eminent Arctic pipeline builder, an entity that will carry Alaskans' interests (Alaska Gasline Development Corp.) and state agencies responsible for royalties [...]
ADN By Lisa Demer. Gov. Sean Parnell (NGP Photo) on Friday announced that he was prepared to abandon the Palin-era natural gas pipeline law and set the state on a new path as an investor and partner in a long-dreamed-about natural gas project from the North Slope. (We'll have more report and photos for our readers on Monday. -dh)
Juneau Empire. Gov. Sean Parnell (NGP Photo) on Friday announced a new way forward on a long-hoped-for natural gas pipeline that includes scrapping the terms of a 2007 law he says no longer works well for the situation. (We'll have more news links, our own report and commentary for readers on Monday. -dh)
We are attending the Alliance's "Meet Alaska" conference today. Reports will follow. Here is today's fresh link to Petroleum News Bakken! Consider subscribing if you are not already doing so.
TODAY, House Natural Resources Committee Chairman Doc Hastings (NGP Photo) delivered the following opening statement at today’s Full Committee oversight hearing on “Obama Administration’s War on Coal: The Recent Report by the Office of the Inspector General.” “We’re here today to discuss the U.S. Department of the Interior Office of Inspector General’s new report on the Office of Surface Mining Reclamation and Enforcement’s (OSM) rewrite of the 2008 Stream Buffer Zone Rule. By now, everyone on this Committee is very familiar with this rewrite, and it has been the subject [...]
Important Event: On Friday, leaders of Alaska's oil industry, the Interstate Mining Compact Commission, the National Mining Association and FrackNation producer Phelim McAleer, will join Governor Sean Parnell (NGP Photo) to MEET ALASKA. See agenda below. NGP Readers may register here, but seats are limited and time is of the essence! We'll have a report for our Canadian and Lower 48 readers by Monday. Here is our report on last year's conference. -dh WGOW (Chattanooga, TN): Winter Energy Tips, A Radio Interview with Natalie Joubert, Consumer Energy Alliance (NGP Photo) AAPG Explorer: Ms. [...]
Calgary Herald. Canadian oil and gas producers were “overly optimistic” heading into 2013, failing to predict a slowdown in business activity over the last 12 months and the job losses that have occurred as a result. Alaska US Senator Lisa Murkowski Releases Energy White Paper by Dave Harbour Yesterday we briefed readers on a webcast speech Senator Lisa Murkowski (NGP Photo) would deliver today at 9 a.m. EST in Washington to a Brookings Institute audience. Brookings promoted the speech as a discussion of the, "future of U.S. energy trade and its implications [...]
Fairbanks News Miner: EPA Clamps Down On Woodstoves With record Arctic temperatures hovering heavily over most of the Lower 48 this week, and our EPA supervisors condemning woodstoves, we recall two 'global warming' experiences: Copenhagen Business School Professor Dr. Bjørn Lomborg giving remarks in Alaska in 2008, and a related Earth Day story. Our studied readers might be interested in this invitation to hear Dr. Lomborg speak in Florida. We attended one of these Oxford Club conferences in Vancouver and highly recommend it--especially with Lomborg's contribution this year. -dh All of our readers should consider [...]
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